Smackdad:
I know my reality and have bought 840,000 shares this week. Sell high - buy low.
My next selling price target is 50 cents minimum. I might even exercise my share options at that stage but l believe the share price is going to do an E25, DEG, CXO etc and multibag from here. The sophisticated investors are about to let things rip.
The roadmap to financing is nearing completion. We will go from the initial production levels to maximum production levels within 18 months. The profit margins are predicted to be 40% of sales revenue but l am being conservative and using 30%. On 3.5 billion dollars of sales on our current JORC we are looking at $1,200,000,000 profit. Remember, the Ardmore resource is open so we might very well be talking billions on billions on billions.
No further share dilution from here and no further loan repayments in two years. The company will be cash flow positive real soon. We are ideally placed.
Fully franked interim and end of year dividends equivalent to the share price low this week will ultimately be declared. CXM has a track record of declaring fully franked dividends at the earliest possible stage. Being dividend trigger happy is fully endorsed by Chrisp and will be fully endorsed by other significant shareholders. This is the mega jackpot to anyone bottom drawing their shares and throwing away the key.
This is a textbook set and forget situation. More shares were transferred from the weak to the strong this week. We are ready for a wham, bam and thank you ma’am run!
The ragingboom crystal ball is once again predicting CXM as an inter-generational wealth creating opportunity.
Time to get onboard the CXM bullet train.
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